Action Alert | Attorney General Pam Bondi Seeks Public Input on Distribution of $300 Million in Fraudclosure Settlement Funds for Housing-Related Programs

Posted by 4closureFraud on April 30, 2012 · 14 Comments 

I know what not to do with the money… Use it as restitution to Lender Processing Services! ~ Attorney General Pam Bondi Seeks Public Input on Distribution of $300 Million in Settlement Funds for Housing-Related Programs TALLAHASSEE, Fla.—Attorney General Pam Bondi invites the public to make suggestions on how best to distribute approximately $300 million … Read more

Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, Foreclosuregate, freddie mac, Front Page, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud

Abigail Field | Bankers Are Still Wrecking Housing Market Fundamentals

Posted by 4closureFraud on April 30, 2012 · 4 Comments 

Bankers Are Still Wrecking Housing Market Fundamentals Regardless of the recent bullish stories on the housing market (examples here, here, here and here), housing market fundamentals are lousy. Demand in the last decade was wildly distorted by banker abandonment of underwriting and appraisals. Now bankers are worsening the crash they created. As a result, prices … Read more

Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, Foreclosuregate, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud